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Does it still work as a tap if the WiFi is down? :D

You won't know because you'll be locked a room somewhere it pitch dark.

$530 to turn on a faucet with your voice? What?

I know a number of germophobes who would want something like this to avoid touching the knob/lever while preparing meals etc.

An infra-red sensor, as implemented in many public toilets, seems like a less error-prone solution to that problem.

Or a pedal.